Showing 1 - 10 of 46
Business before ethics
News, Published on 28/01/2012
» Re: Embattled Nalinee Taveesin. I think we're all looking at this the wrong way. For one, the Pheu Thai Party gave up worrying about its reputation a long time ago; in the current political climate all that matters is that most of their voters have never heard of Zimbabwe and couldn't care less. Also, the US blacklist is the result of America's own lofty ideals regarding justice and rights. Here in Asia, one wouldn't be so foolish as to let something as abstract as ethics get in the way of business opportunities.
Reforming to offset the bailout bias
News, Published on 21/03/2012
» The seemingly never-ending debate over the euro zone's fiscal problems has focused excessively on official bailouts, in particular the proposed purchase of government bonds on a massive scale by the European Central Bank. Indeed, we are warned almost daily _ by the International Monetary Fund and others _ that if bailout efforts are not greatly expanded, the euro will perish.
Pace of reform should be steady and sure
News, Published on 04/05/2012
» Myanmar's successful by-elections and Aung San Suu Kyi's landslide victory deservedly captured the international headlines a fortnight ago.
Germany must offer more in debt crisis
News, Published on 12/06/2012
» It is now clear that the main cause of the euro crisis is the member states' surrender of their right to print money to the European Central Bank. They did not understand just what that surrender entailed _ and neither did the European authorities.
The rise of CLMT and the need for more G-2
News, Thitinan Pongsudhirak, Published on 16/11/2012
» Newly re-elected United States President Barack Obama is due for a visit to Southeast Asia at its most momentous and contentious juncture in contemporary times.
Europe's quiet summer belies reality
News, Published on 07/08/2013
» August is traditionally Europe's holiday month, with many government officials taking several weeks off. In the process, important initiatives are put on hold until the great return at the beginning of September.
Rice scheme truth will out
News, Published on 17/10/2013
» It is an open fact to rice exporters, fair-minded bankers, academics, the World Bank and credit rating agencies such as Moody's Investor Services that the populist rice-pledging scheme is flawed and costly to the state coffers and the economy.
China gets a wake-up call from US
News, Stephen S Roach, Published on 28/10/2013
» Yes, the United States dodged another bullet with a last-minute deal on the debt ceiling. But, with 90 days left to bridge the ideological and partisan divide before another crisis erupts, the fuse on America's debt bomb is getting shorter and shorter.
Is the renminbi ready for the world?
News, Published on 17/12/2013
» China is increasingly debating whether or not the renminbi should be internationalised, possibly joining the US dollar and the euro as an international vehicle currency (IVC) _ that is, a currency that other countries use to denominate the prices of their traded goods and international loans. Related to this is a debate about whether Shanghai can become a first-tier international financial center (1-IFC) similar to London and New York.
Do state Specialised Financial Institutions really work?
News, Published on 08/01/2014
» Since the 1997 Asian financial crisis, the Thai state-owned specialised financial institutions (SFIs) have gone through a remarkable expansion.